Shared-Appreciation Mortgage (SAM)
A mortgage loan in which the lender, in exchange for a loan with a favorable interest rate, participates in the profits, if any, that the borrower receives when the property is eventually sold.
Real Estate Glossary
Definitions of Common Real Estate Terms
A mortgage loan in which the lender, in exchange for a loan with a favorable interest rate, participates in the profits, if any, that the borrower receives when the property is eventually sold.